ADM Begins Operations for Second Carbon Capture and Storage Project

New project can safely prevent more than 1 million tons of carbon
dioxide from entering the atmosphere annually

April 07, 2017 11:00 AM Eastern Daylight Time

CHICAGO--(BUSINESS WIRE)--Archer Daniels Midland Company (NYSE: ADM) announced today that the
Illinois Industrial Carbon Capture and Storage (ICCS) project, a
partnership to safely and permanently store more than 1 million tons of
carbon dioxide a year, has begun operations.

“We are extremely proud to be part of this important program,” said Todd
Werpy, ADM chief technology officer. “The technology that we are using
in Decatur can be a model for reducing industrial carbon emissions
around the world. We’re pleased to be working with great partners in the
U.S. Department of Energy, Richland Community College and the University
of Illinois – Illinois State Geological Survey, and we’re excited to
move forward as we not only reduce our carbon emissions in Decatur, but
also contribute to important research that will help other companies do
the same.”

“2017 is a watershed year for carbon capture in the United States. On
the heels of the successful opening of Petra Nova in Texas, the Illinois
Industrial facility serves as another example that large-scale CCS
deployment works, is safe, and serves as a key component of a low carbon
future,” said Jeff Erikson, general manager of the Americas region with
the Global CCS Institute. “The Illinois Industrial CCS Facility is the 12th
large-scale CCS facility operating in North America, and the first
large-scale application of CCS on biofuels production in the world. With
this landmark achievement, ADM will now capture and store about one
million tons of CO2 per year. We applaud ADM for their vision and
leadership, and acknowledge the foresight and wise investment provided
by the U.S. Department of Energy.”

The project captures carbon dioxide, which is created as a byproduct at
ADM’s Decatur corn processing facility, and stores it safely almost a
mile and a half underground in the Mt. Simon Sandstone. With the
capability to store 1.1 million tons of carbon annually, ICCS is
designed to demonstrate the commercial-scale applicability of carbon
capture and storage technology in a saline reservoir. The project is
currently permitted to operate for five years and has the potential to
store up to 5.5 million tons of carbon dioxide.

This is the second carbon capture and storage project that ADM has
helped to lead. Previously, the company removed and stored approximately
a million tons of carbon over three years as part of the smaller-scale
Illinois Basin – Decatur Project, led by the Midwest Geological
Sequestration Consortium at the University of Illinois.

“ADM is committed to successfully feeding the world while minimizing our
impact on the planet,” Werpy continued. “Around the globe, across our
business, from reducing waste and water usage to increasing energy
efficiency to taking part in this groundbreaking carbon storage project,
we are living up to our dedication to do business the right way.”

About ADM

For more than a century, the people of Archer Daniels Midland Company
(NYSE: ADM) have transformed crops into products that serve the vital
needs of a growing world. Today, we’re one of the world’s largest
agricultural processors and food ingredient providers, with
approximately 32,000 employees serving customers in more than 160
countries. With a global value chain that includes approximately 500
crop procurement locations, 250 ingredient manufacturing facilities, 38
innovation centers and the world’s premier crop transportation network,
we connect the harvest to the home, making products for food, animal
feed, industrial and energy uses. Learn more at www.adm.com.